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Stock Market & Financial Investment News

News Breaks
April 16, 2014
07:15 EDTCSX, YHOOFutures suggest a higher open
Stock futures are suggesting that the rally of the past two days will continue, as the arrows are green across the board. Overseas markets were higher, as they shrugged off reports of slower growth in China. Better than expected earnings from Yahoo (YHOO) and CSX Corp. (CSX) also made investors more optimistic about the outlook for Q1 earnings. .Today investors will be analyzing reports on housing starts and building permits as well as industrial production and capacity utilization reports.
News For YHOO;CSX From The Last 14 Days
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March 4, 2015
09:43 EDTCSXCSX still targets double-digit EPS growth for FY15, though goal more challenging
CSX CFO Fredrik Eliasson stated at a conference: "We continue to expect strong earnings growth in the first quarter as merchandise and intermodal customers see growth opportunities and recognize the value and efficiency of freight rail service. By leveraging price and efficiency gains combined with expected volume increases, we continue to target double-digit earnings growth for the full-year 2015, though achieving that goal will be more challenging with the expected decline in coal movements." CSX FY15 EPS consensus $2.15.
09:41 EDTCSXCSX now sees Q1 domestic coal volume to decline at least 5%
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March 3, 2015
13:08 EDTYHOOYahoo CFO says focused on growing EBITDA
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13:04 EDTYHOOYahoo focused on making past acquisitions pay off
12:57 EDTYHOOYahoo sees digital video as way of growing buisiness
Comments made by Yahoo CFO Ken Goldman at Morgan Stanley Conference.
07:27 EDTYHOOMorgan Stanley to hold a conference
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06:42 EDTYHOOYahoo volatility at low end historic range
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March 2, 2015
08:29 EDTYHOOMicrosoft reportedly to buy news app for $30M, TechCrunch says
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February 27, 2015
09:58 EDTCSXOn The Fly: Analyst Upgrade Summary
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08:48 EDTCSXCSX upgraded at BMO Capital
As reported previously, BMO Capital upgraded CSX to Outperform from Market Perform. After meeting with the company's management, the firm thinks it has a significant cost reduction opportunity; an improving pricing environment; and robust demand in the merchandise and intermodal segments. The firm believes that the coal headwind only presents a moderate risk to the company. Target to $40 from $38.
06:24 EDTCSXCSX upgraded to Outperform from Market Perform at BMO Capital
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February 26, 2015
06:22 EDTYHOOYahoo paying very high salaries, Business Insider says
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February 25, 2015
15:03 EDTYHOOYahoo paying very high salaries, Business Insider says
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10:29 EDTYHOOYahoo management 'seems open' to Yahoo Japan options, dealReporter says
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07:20 EDTCSXCSX management to meet with UBS
Meeting to be held in Boston on February 25 hosted by UBS.
February 24, 2015
06:41 EDTYHOOYahoo executive questions NSA director over spying, WSJ says
Yahoo Chief Information-Security Officer Alex Stamos questioned NSA director Admiral Mike Rogers at a Washington summit about the extent of U.S. government spying, reports the Wall Street Journal, citing transcripts of the event. Stamos stated "It sounds like [the NSA and FBI want a backdoor into] our products," to which Admiral Rogers did not directly respond. Rogers stated he believes it is legally feasible to allow the NSA to access encrypted information from U.S. companies. Reference Link
February 23, 2015
09:59 EDTCSXOn The Fly: Analyst Initiation Summary
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06:21 EDTYHOOFacebook's shuttle drivers approve new union contract, WSJ reports
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06:09 EDTCSXCSX initiated with an Overweight at JPMorgan
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February 22, 2015
13:45 EDTCSXCanada introduces legislation to enhance crude-by-rail safety, accountability
The Honourable Lisa Raitt, Minister of Transport, introduced legislation in the House of Commons that will enhance railway safety and make the rail industry and crude oil shippers more accountable to Canadians. The new Safe and Accountable Rail Act proposes amendments to the Canada Transportation Act and Railway Safety Act. Changes include a new liability and compensation regime for federally regulated railways, including minimum insurance requirements; a compensation fund financed by levies on crude oil shippers; increased information-sharing provisions; and stronger oversight powers for the Minister and Transport Canada inspectors. The new liability and compensation regime will be consistent with those the Government has introduced for other modes of transport, such as marine tankers and oil pipelines. It is based on the “polluter pays” principle and makes railways and shippers responsible for the cost of accidents, protecting taxpayers and communities by ensuring that adequate resources are available for compensation if an accident were to occur. Proposed amendments to the Railway Safety Act will broaden the powers of the Minister and inspectors to order railway companies and others to take specified measures or stop any activity deemed necessary for safe railway operations. The proposed amendments will also create new regulation- making powers requiring railway companies to share information with municipalities. These changes are part of the Government’s commitment to strengthen oversight and increase collaboration between communities and the rail industry, addressing issues raised in the Transportation Safety Board’s final report on the Lac-Mégantic derailment as well as concerns of the Federation of Canadian Municipalities. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Genesee & Wyoming (GWR), Kansas City Southern (KSU), Norfolk Southern (NSC) and Union Pacific (UNP). Reference Link

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